`CCANDLESS
`CCANDLESS is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Somont Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 21,047 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $130K, with roughly $25K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 32 barrels a month. Its strongest month on the record we hold was March 2017, at 155 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about `CCANDLESS
- Who operates `CCANDLESS?
- `CCANDLESS is operated by Somont Oil Co., Inc., Railroad Commission of Texas operator number 801620.
- Where is `CCANDLESS?
- `CCANDLESS is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25413.
- Is `CCANDLESS still producing?
- `CCANDLESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for `CCANDLESS is August 2026.
- How much has `CCANDLESS produced?
- `CCANDLESS has reported 21,047 barrels of oil (bbl) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is `CCANDLESS worth?
- The remaining production from `CCANDLESS is estimated to be worth about $130K in total as of 26 August 2026, within a range of $71K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in `CCANDLESS is a fraction of it. The estimate fits an Arps decline curve to the production `CCANDLESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for `CCANDLESS is an estimate of value, not an offer and not an appraisal.
- How much income does `CCANDLESS generate in a year?
- `CCANDLESS is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in `CCANDLESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Somont Oil Co., Inc. |
|---|---|
| Field | Cistern (Wilcox-L-) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 25413 |
| Wellbores | 1 |
| Reported production | 21,047 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $130K |
Where `CCANDLESS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.